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2312 Santa Ana Ave, Costa Mesa, CA 92627
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2312 Santa Ana Ave Costa Mesa, CA 92627

$5,700,000 Sold Price as of 08/10/2023
  • 24 Beds
  • 14 Baths
  • 9,928 Sq.Ft.
Sold
$5,700,000 Sold Price as of 08/10/2023 Refinance Your Mortgage
Map preview of 2312 Santa Ana Ave, Costa Mesa, CA 92627

Property Overview: 2312 Santa Ana Ave Costa Mesa, CA has 24 bedrooms, 14 bathrooms, 9,928 living square feet and 36,155 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 2312 Santa Ana Avenue, a 12-unit apartment community in the heart of the Eastside Costa Mesa submarket. This is the first time in over 50 years this property has been listed for sale. Situated on a massive 36,155 SF (.83AC) lot, this property is comprised of all 2-bedroom units, (8) 2-Bedroom/1-Bathroomsingle story units, and (4) 2-Bedroom/1.5-Bathroom Townhouse Style units, this is a truly generational and rare opportunity for an investor. There is ample parking on the property with (12) single-car garages with newly installed garage door openers, and there are (15) off-street parking spaces. There is also a community courtyard in between the two apartment structures and each unit has its own private patio or yard. Tenants also have access to coin-operated on-site laundry facilities. **Seller will consider Carrying 1st Trust Deed**

Listed by Nick Gould | BRE #01521955 | Morgan Skenderian
Last checked: 9 minutes ago | Last updated: August 10th, 2023 | Source CRMLS | DOM: 123

Home details

Lot Sq. Ft
36,155
HOA Dues
$0/mo
Year built
1968
Garage
12 Car
Property Type:
Apartment
Status
Sold
MLS#
PW23020563
City
Costa Mesa
County
Orange
Time on Site
590 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 2
  • # of Electric Meters: 12
  • # of Gas Meters: 12
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,978
  • Total Rent: $15,825
  • Pro Forma/Market Rent: $24,000
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,740
  • Total Rent: $6,960
  • Pro Forma/Market Rent: $12,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $287,820
  • Net Operating Income: $163,887
  • Gross Operating Income: $279,185
  • Vacancy Allowance: $8,635
Annual Expense Breakdown
  • Total Operating Expense: $115,298
  • Electric: $7,541
  • Gas/Fuel: $7,541
  • New Taxes: $71,545
  • Trash: $0
  • Insurance: $10,594
  • Professional Management: $0
  • Water/Sewer: $7,542

Property Details for 2312 Santa Ana Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 12
  • # of Parking Spaces: 27
Lot Information
  • Lot Features: 11-15 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 12
  • Parcel Number: 11933244
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: Exit 55 Freeway at 22nd St./Del Mar Ave. onto 22nd Street and a left on Santa Ana Ave. Property is on the righthand side of the street.
Neighborhood Information
  • Community Features: Biking, Curbs, Preserve/Public Land, Storm Drains, Street Lights
View more facts & features

Local Costa Mesa Agent

Sale History for 2312 Santa Ana Ave

Last sold for $5,700,000 on August 10th, 2023

  • August, 2023

  • Aug 10, 2023

    Date

    Sold

    CRMLS: PW23020563

    $5,700,000

    Price

  • Feb 6, 2023

    Date

    Active

    CRMLS: PW23020563

    $7,195,000

    Price

  • February, 2018

  • Feb 23, 2018

    Date

    Leased

    CRMLS: PW18037409

    $2,000

    Price

  • Feb 23, 2018

    Date

    Active Under Contract

    CRMLS: PW18037409

    $2,000

    Price

  • Feb 16, 2018

    Date

    Active

    CRMLS: PW18037409

    $2,000

    Price

  • Listing provided courtesy of CRMLS

    This newly renovated 2 bed, 1.5 bath, 2 story town home is located in a quaint 12 unit complex that sets back off the street and has a large front community yard and a private backyard patio. Features include: 1 Car Garage, 1 assigned parking space, on site laundry facilities, new flooring throughout, freshly painted, new kitchen countertop, new window coverings, new tub/shower, sinks and faucets, new keyless front door. Close to great shopping and dining, Back Bay, walking/riding trails.

  • November, 2010

  • Nov 17, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2312 Santa Ana Ave

Assessed Value (2020): $452,182
Year Land Value Improved Value Assessed Value
2020 $153,742 $298,440 $452,182

Home Value Compared to the Market

This property vs the competition

2312 Santa Ana Ave sold on August 10, 2023 for 423.08% higher than the current median sold price for the city of Costa Mesa which is $1,300,000. The median sold price per/sqft for Costa Mesa is $801 and this home is sold at $684.93 per/sqft which puts the price per square foot 14.49% lower than the current median sale per square foot for the city of Costa Mesa.

About 2312 Santa Ana Ave

Detailed summary of property

2312 Santa Ana Ave is a apartment that recently sold in Costa Mesa, CA 92627. This apartment offered 24 bedrooms, 14 bathrooms, roughly 9,928 living square feet, and sits on an approximately 36,155 square foot lot. 2312 Santa Ana Ave was first listed on ArdentRealEstateGroup.com on February 6, 2023. The homeowner sold the property for $5,700,000. Home in Costa Mesa are selling for a median price of $1,300,000 and a median price per square foot of $801. Based on Ardent Real Estate Group's Costa Mesa Market Data, this home is sold 423.08% higher than the current median priced home. Local homes that are currently for sale include 372 Freeman Ave, 13705 Franklin St and 12024 Bellflower Blvd. While the average home in Costa Mesa, CA is selling in 43 days, 2312 Santa Ana Ave has a days on market of 123 days. There are currently 148 homes for sale in the Costa Mesa real estate market and 110 of them are single family homes while 21 of them are condos and 17 are townhomes. For more information on this home for sale at 2312 Santa Ana Ave Costa Mesa, CA 92627 contact Ardent Real Estate Group and we will put you in touch with one of our Costa Mesa agents.

Public Facts for 2312 Santa Ana Ave

Public county record property details
Beds
--
Baths
--
Year built
1968
Sq. Ft.
9,931
Lot Size
36,364
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
102
APN
119-332-44

The source for these homes facts are from public records.

92627 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,420,000
Median List Price/Sq.Ft.
$825
Median Sold Price
$1,070,000
Median Sold Price/Sq.Ft.
$855
Total Inventory
84
Median Sale to List Price %
99.17%
Avg Days on Market
20
Loan Type
Conventional (66.67%), FHA (0%), VA (0%), Cash (5.56%), Other (22.22%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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